Outlook as bleak as the weather, according to Pools boss


Vic - minus the snow

By Charlie Summerbell
December 1 2010

The bad weather has caused the postponement of Hartlepool United’s League One home game against Southampton on Saturday, and dozens of others up and down the country will probably follow. But there’s some red-hot action going on off the pitch as the long drawn-out negotiations between club and council for the purchase of Victoria Park threaten to plunge the club into a crisis far deeper than anything they’ve endured on the pitch in recent years.

Club owners IOR and club chairman Ken Hodcroft (right) are clearly fed-up with what they perceive as the Hartlepool Council’s attitude in the negotiations and are now threatening to withdraw the cash support they plough into the club.
And with low attendances linked to the world economic climate, that could spell financial collapse at the club.
In his statement, which will be presented to shareholders at the annual meeting,, Hodcroft makes a thinly veiled threat to the council – get your heads round a deal, or risk losing the club.
Mind, a civic centre wikileak tells us that the council is just as fed up with the club's attitude.

The statement, reproduced in full on the club website, says: “It is now obvious the council do not realise that the owners do not have unlimited patience. The attitude towards IOR and the club beggars belief.
“Statements … show the council fail to recognise just what the owners have done for this town and club. Promises made to me personally and the club/owners in general have not been honoured.
“The owners have invested millions into this football club ; the council have done nothing to help.
“Consequently, unless the council recognise their failings and the consequences of their actions and look realistically at what the club and owners require and are trying to achieve – for the benefit of the town – the owners will need to carefully evaluate the economic model for the future of the club.
“If financial support is withdrawn from (we presume here that he means ‘by’) the owners, then the club will disappear from League One (and possibly beyond) and the council have to answer to the townspeople who elected them.”
That’s fighting talk in any language, but the chances are that many on the council are just as fed up as KH is.
To make matters as bleak as the weather, Hodcroft adds that poor support “does not bode well for the future, along with the council’s attitude”
Meanwhile, on the football front, the chairman could be accused of lacking ambition (or being realistic) when he says:  “We still believe we are in a position to remain in League One, based on the players we have in place and if we make full use of all our resources.
“However, the current economic climate will greatly restrict spending on players, the football dept in gen and club facilities.”
The club’s operating loss in 2009 was £1.1m, the same as in 2008 and the owners provided £1.5m in 2009. IOR’s total investment over a dozen years of owning the club is £12m.
on team management, KH says: “The position of first team manager will remain vacant for the time being. Mick Wadsworth will remain as first team coach.”
Incredibly, he also reveals that former chief exec Russ Green, who left along with Chris Turner at the start of the season, “has been helping on some major projects.”
Like buying the Vic from the council?

 

Bookmark or share this story with:

Outlook as bleak as the weather, according to Pools boss
Discussion started by The Box of Kippers , 01/12/2010 12:06
The Box of Kippers
01/12/2010 12:06
What do you think? You can have your say by posting below.
If you do not already have an account Click here to Register.

SportNetwork HQ
01/12/2010 12:27
I'm sure the Council would love to cut Ken a deal but they cant. The Audit Commission would come down on them like a ton of bricks. [See below]


Ken might get more support if he told us how much he had bid for the ground and how much the Council are asking. But then he mightn't.

FROM OXFORD MAIL: THE Audit Commission, the public spending watchdog, appears to have told Oxford City Council it has so far failed to prove it got the highest price for land on which the Kassam Stadium was built.

The Oxford Times has obtained a letter showing a dispute has arisen between the Town Hall and district auditor Andy Burns.

Mr Burns appears to have claimed that the authority failed in its legal duty by not getting the best price for the ten-acre plot at Minchery Farm when selling it to Firoz Kassam for £1.294m in 2001.

Rift House
01/12/2010 12:54
As usual, we only get fed the side of the story Ken wants to feed us.
There are two sides to every argument and while Pools supporters would welcome a deal, if they pay their council tax in the town they won't want to subsidise it.

Rift House
02/12/2010 14:47
The Mail is quoting some gadgie from the council claiming that the club's last offer was £50,000.
If that's true, then it's KH who is having a laugh. Iif the Council accepted that, they'd be in serious bother and there'd be hell on on the town.
If Hodcroft is only giving us half the story, trying to hoodwink the public, he is being very foolish.

Your Name: 
Subject: 
We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing abuse@sportnetwork.net